Shani Rapoport

Work Department

Antitrust, Insurance, Litigation.

Position

Shani Rapoport's practice focuses on civil and commercial litigation and advising local and foreign clients on corporate and commercial matters.Shani has experience in a wide range of complex litigation matters, including, international litigation and high profile class actions.

Career

Shani became a partner at Yigal Arnon & Co. in 2017.

Languages

Shani is fluent in Hebrew and English.

Member

She was admitted to the Israel Bar in 2007.

Education

Search News and Articles

While there are the aficionados who will say that cryptocurrencies will free us of the chains of the global financial institutions, on the occasions when the world of cryptocurrencies intersects with the world in which most of us live, the news is generally bleak. While you may not know one side of a Bitcoin from the other, you probably know that its value has crashed over the last 13 months, you may even have heard about some of some of the larger cryptohacks (that is computer heists through which digital currencies belonging to investors are stolen from crypto trading exchanges). And over the last week or so, you may have read on mainstream news sites about the death of Gerald Cotton the CEO of Canadaâ€™s largest cryptoexchange QuadragaCX. The death of the CEO of a company that few had previously heard of, was news of course, because in his passing he had taken the passwords to the accounts of his customers with him. The result of this being that about $140 million of their money was stuck somewhere between this world and the celestial ether in which Mr. Cotton now resides. Of course, it wasnâ€™t quite told like that. We were fed terms such as â€śprivate keys,â€ť lack of â€śmulti-signature protection,â€ť â€ścold storage walletsâ€ť and more readily understandable â€“ â€ścryptofraudâ€ť. Again!

While there are the aficionados who will say that cryptocurrencies will free us of the chains of the global financial institutions, on the occasions when the world of cryptocurrencies intersects with the world in which most of us live, the news is generally bleak. While you may not know one side of a Bitcoin from the other, you probably know that its value has crashed over the last 13 months, you may even have heard about some of some of the larger cryptohacks (that is computer heists through which digital currencies belonging to investors are stolen from crypto trading exchanges). And over the last week or so, you may have read on mainstream news sites about the death of Gerald Cotton the CEO of Canadaâ€™s largest cryptoexchange QuadragaCX. The death of the CEO of a company that few had previously heard of, was news of course, because in his passing he had taken the passwords to the accounts of his customers with him. The result of this being that about $140 million of their money was stuck somewhere between this world and the celestial ether in which Mr. Cotton now resides. Of course, it wasnâ€™t quite told like that. We were fed terms such as â€śprivate keys,â€ť lack of â€śmulti-signature protection,â€ť â€ścold storage walletsâ€ť and more readily understandable â€“ â€ścryptofraudâ€ť. Again!

Earlier this year, the Israel Tax Authority (ITA) issued two circulars, one on the taxation of
digital tokens and the second addressing the taxation of utility tokens in initial coin offerings
(ICOs). Additionally, in March, the Israel Securities Authority (ISA) released a detailed
interim report by the Committee for the Regulation of Public Offerings of Decentralized
Cryptocurrency Coins (Report) (with a follow-up report due to come out around October
2018). Moreover, it is expected that before the end of 2018, legislation will come into force
that for the first time will see Israeli primary legislation define virtual currencies as financial
assets and mandate licensing for related services, as is later discussed in detail.

Israel may be the â€śStart-up Nationâ€ť and a world-renowned center of technological innovation, yet for
many years the procedures and conduct of the Israeli Land Registry have been trapped in the past.

Nondiscrimination has been the neglected stepchild of the FRAND
commitment. Patent owners participating in standards organizations typically
commit to license their technology on â€śfair, reasonable, and nondiscriminatory
(â€śFRANDâ€ť) terms.â€ť

Non-disclosure agreements are a crucial, but often overlooked, tool in allowing startup
companies to grow, build strategic partnerships and explore new business relationships
necessary to develop their product or bring it to market. These agreements are often short
(sometimes only a page or two) and lead many founders to forego legal advice to get past
this "formality" and begin working with the other party to the NDA. Yet, NDAs are
important agreements with potentially far-reaching implications for the protection of a
company's confidential information and intellectual property, and mishandling of NDAs
can come back to haunt a startup years later.